Apple is working on a wearable computer for the wrist that performs some of the functions of smartphones. WSJ's Jessica Lessin discusses what to expect from the watch. (Photo: Getty Images)

This transcript has been automatically generated and may not be 100% accurate.

I ... I was experimenting with a watch like device that can have many functions like a fire ... I'm Jessica Lessin The Wall Street Journal and sentences go ... you are hearing that Apple is working on the ITF what he could offer in the wearable device area which isn't very high new area ... that something they feel still seen as a little bit into the future ... lot of the Apple wants to stay ahead of the curve said they have folks who are ... thinking about what Apple can do in this space and it cost to their manufacturing partner Foxconn about such a device to we know that ... the anti Israel but we don't have a lot of other deatails that is what the watch would do ... when it might be available ... one thing that we do expect though is that this could just be a fitness tracking thing or a device to ... monitor your activities that are becoming fraud there they would likely come back to your I phone ... miniseries the differ way to control your mobile device this ... of the right now I'm that's basically all we know ... it's very clear that tech companies are really racing to get into the wearable computing space ... is to bowl with a low class isn't a host of other devices that for now we'll probably see more activity for those players in the space that half of that ...